New Construction Duplex For
For Sale
$359,000
1014 ESCONDIDO LN., Harlingen, TX 78550
MULTI_FAMILY - HARLINGEN, TX
Property Size2,690 SF
Lot Size0.15 Acres
Price / SF$133.46
Days on Market52
Property Features for 1014 ESCONDIDO LN.
General Information
Property type
Residential Multi Family
Property subtype
Other
Property condition
Under Construction
Interior features
Ceiling Fan(s), Smoke Alarm(s), Walk-in Closet(s)
Appliances
Range, Refrigerator
Subdivision
ESCONDIDO
Lot features
Curb & Gutter
Elementary school
BONHAM
Middle school
VERNON
High school
HARLINGEN
Elementary school district
HARLINGEN C.I.S.D.
Middle school district
HARLINGEN C.I.S.D.
High school district
HARLINGEN C.I.S.D.
Standard status
Active
Size
2,690 SF
Lot size
0.15 Acres
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
2026
Floors in Building
1
Number of units
2
Flooring type
Tile
Listing Agency:
KELLER WILLIAMS LRGV · Keller Williams Realty
(956) 423-8877
Listed By:
VANESSA CANTU · License #0738372
(956) 970-2851
Added: Jun 12
Changed: Jun 23
Last Checked: Aug 2 at 7:06PM
MLS# 29777146
Copyright © 2026 Rio Grande Valley Multiple Listing Service Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This brand-new construction duplex offers two self-contained units, each with 2 bedrooms, 2 full bathrooms, and a dedicated laundry room. The layout is designed to be practical and comfortable, with modern, contemporary interior finishes and an overall finish-out intended for low-maintenance living. Each unit provides inviting, well-proportioned living space with a contemporary color scheme and quality craftsmanship.
The property is located at 1014 ESCONDIDO LN., Harlingen, TX 78550 (Cameron County). It sits on a 0.15-acre lot and has a total building size of 2,690 square feet. The listing notes easy access to schools, shopping, dining, and major roadways.
As a duplex, the configuration can support a variety of occupancy strategies, including living in one unit while renting the other. The unit mix of two bedrooms and two full bathrooms, along with in-unit laundry, is a straightforward fit for tenants seeking functional, modern everyday convenience. For buyers, the new construction status and repeatable unit floor plans can simplify day-to-day property management compared with more varied layouts.
The property is located at 1014 ESCONDIDO LN., Harlingen, TX 78550 (Cameron County). It sits on a 0.15-acre lot and has a total building size of 2,690 square feet. The listing notes easy access to schools, shopping, dining, and major roadways.
As a duplex, the configuration can support a variety of occupancy strategies, including living in one unit while renting the other. The unit mix of two bedrooms and two full bathrooms, along with in-unit laundry, is a straightforward fit for tenants seeking functional, modern everyday convenience. For buyers, the new construction status and repeatable unit floor plans can simplify day-to-day property management compared with more varied layouts.
Key Highlights
- Brand‑new construction duplex (Year built 2026) with central heating and central air conditioning.
- Each unit offers 2 bedrooms and 2 full bathrooms with a dedicated laundry room.
- Each unit includes walk‑in closets and ceiling fans.
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $33.9k | $12.60 |
| − Vacancy | −$2.2k | −$0.81 |
| EGI | $31.7k | $11.79 |
| − OpEx | −$9.5k | −$3.54 |
| NOI | $22.2k | $8.25 |
2,690 SF · lease $12.60/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$317.0K
$277.4K – $369.9K
NOI $22,193 @ 7.0% cap · market cap 6.18%
Second Best
Apartment 5plus
$290.7K
$254.4K – $339.2K
NOI $20,352 @ 7.0% cap · market cap 5.67%
Theoretical Best
Healthcare Medical
$463.2K
$405.3K – $540.4K
NOI $32,422 @ 7.0% cap · market cap 9.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
17
Businesses Nearby
Explore this area
Business Placement
Demographics for 78550, TX
56,038
Population
22,347
Households
2.5
Avg Household Size
35
Median Age
22%
College-Educated
77%
High-School Grad
94.2 sq mi
ZIP Area
595
Density / Sq Mi
$51,524
Median Household Income
$32,065
Median Earnings
$863
Median Rent
$120,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Brand-new duplex with two-bedroom, two-bath units and dedicated laundry rooms, suited for owner-occupants or tenants.
Where is this duplex located?
The property is located at 1014 ESCONDIDO LN. Harlingen, TX.
What is the asking price?
The asking price for this property is $359,000.
What are key features of this property?
This property features: Brand‑new construction duplex (Year built 2026) with central heating and central air conditioning.; Each unit offers 2 bedrooms and 2 full bathrooms with a dedicated laundry room.; Each unit includes walk‑in closets and ceiling fans.
